Reuters – Greek Prime Minister Lucas Papademos faces a critical task of convincing international lenders and political party leaders on Sunday to agree to the stringent terms of a 130 billion euro ($171 billion) rescue plan to stave off looming default.

Reuters – Greece must surrender control of its budget policy to outside institutions if it cannot implement reforms attached to euro zone rescue measures, the German economy minister was quoted as saying on Sunday.

Reuters – Switzerland’s economy minister Johann Schneider-Ammann expects the Swiss franc to weaken to about 1.40 francs per euro in the medium term, he told a Swiss newspaper on Sunday.

Reuters – Japanese Prime Minister Yoshihiko Noda is planning to revamp his cabinet as early as this month to remove two censured ministers whose presence blocks a budget deal with a key opposition party, the Nikkei business daily reported.

Reuters – Japan and China have agreed to restart talks soon on a free trade pact that would also include South Korea, Japanese Prime Minister Yoshihiko Noda said on Sunday after talks in the Chinese capital with Premier Wen Jiabao.

Reuters – Europe faces a crucial 10 days to save the euro zone after agreeing to ramp up the firepower of its bailout fund but acknowledging it may have to turn to the International Monetary Fund for more help to avert financial disaster.

AP – Greece’s prime minister struggled Saturday to form a temporary coalition government in the near-bankrupt country, extending a political deadlock threatening billions in international rescue funds.

Seven men, including two senior police officers, were indicted Saturday for conspiracy to commit murder in the killing of former Pakistani Prime Minister Benazir Bhutto, a defense attorney told CNN.

Prime Minister George Papandreou faces a crunch confidence vote Friday, after days of political turmoil sparked by his proposal to hold a referendum on an international bailout.

Reuters – Greek Prime Minister George Papandreou called on Friday for a new coalition government to approve a bailout deal vital for saving the country from bankruptcy and tackling the euro zone’s economic crisis, and signaled he was ready to stand down.